Nike said the plan will cost between $400 million and $450 million in pretax restructuring charges that will largely come to fruition in the current quarter.
Kategorie-Archiv: CNBC Financial News
How Tesla rose to retail investor stardom: ‚It’s always in people’s minds‘
The electric vehicle maker is poised to see the highest net inflows from retail traders of any security this year.
UK and Switzerland to sign post-Brexit financial services deal
The U.K. and Switzerland on Thursday will sign a post-Brexit financial services deal designed to bring two of Europe’s largest banking centers closer together.
Citigroup to close global distressed-debt business as part of CEO Jane Fraser’s overhaul
Citigroup is exiting businesses with poor returns to bolster the bank’s odds of hitting Fraser’s performance targets.
Annuity sales are on track for a record year. Here’s what to know before buying
Higher interest rates and anxiety over the stock market and economy pushed more consumers to buy annuities, experts said.
Tesla cut EV prices in China more than BYD did for its flagship Han sedan this year, study finds
Tesla cut prices for its electric cars in China by more than BYD did for its flagship Han sedan, according to analysis from U.S.-based firm JL Warren Capital.
UK inflation slide fuels rate cut bets and jolts markets
U.K. inflation fell far more than expected in November to 3.9%, its lowest annual reading since September 2021.
Alibaba CEO Eddie Wu to lead Taobao and Tmall e-commerce business in latest reshuffle
Alibaba Group CEO Eddie Wu is taking over the top role at the company’s Taobao and Tmall e-commerce business, replacing Trudy Dai.
Inflation gives millions new access to investments for the wealthy, says SEC
The number of „accredited“ investors who can buy private securities rose by 8 million from 2019 to 2022, the SEC said.